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| James E. Kofman |
According to a late night Zenn Motor Company
press release, "certain shareholders of the Company" have received cooperation from Zenn management to allow three new individuals to take seats on the Zenn Board of Directors. Departing board members include Brian Cott, Stephen Rodgers & John R. Wallace.
Inbound board members include l
ong time M&A expert James Kofman,
well known Canadian TV personality & journalist Allan Gregg and Roger Hammock, a Zenn shareholder possessing over 1mil shares of Zenn stock.
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| Allan Gregg |
What does this mean? First of all, it means the new board of directors could seriously pummel almost any other board of directors in Canada. On the business side, Kofman has experience with "some of the largest M&A transactions and financings in Canada" according to the release. Essentially, if you're planning to purchase Zenn Motor Company, you will now need to crawl on your hands and knees and politely relinquish your bid to Sir James Kofman. As for Gregg, he currently sits on the Advisory Boards of General Motors Canada & Bank of Montreal.
Take a look at his interesting interview of Jeff Rubin back in 2009. Actually, check out
all of his interviews on youtube. If you have the time and means, it probably wouldn't hurt to do a voice analysis to establish once and for all that he and I are not the same person. As for Roger Hammock, what can I tell you other than that he owns over 1mil Zenn shares? Well, one thing I could tell you is I had a couple beers with him in Los Angeles last year and got a debrief on why he owns that many Zenn shares. I can tell you that he & I had a lot of agreement on where EEStor is headed and how Zenn can maximize what it has. More on that later.
